The flexible budget variance is the difference between expected results in the flexible budget for the actual units sold and the static budget
Indicate whether the statement is true or false
FALSE
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Which of the following best defines diversity?
A. It refers to the characteristics, values, beliefs, and factors that make people different, yet similar. B. It refers to the perceptions or assumptions that individuals or cultures maintain. C. It refers to the way that cultures view propriety of dress and conduct. D. It refers to the long-term appraisals of the worth of an idea, person, place, thing, or practice held by individuals, groups, or cultures.
Which statement relating to chromatics is incorrect?
a. Chromatics can have negative and positive connotations. b. Americans and Japanese both wear black to funerals. c. Brides in India often wear red or yellow. d. In China, a green hat signifies that your wife or sister is a prostitute.
Which of the following is the ultimate goal of the North American Free Trade Agreement (NAFTA)?
A) creation of a "social dimension" through the establishment of uniform labor and Social Security regulations B) establishment of a monetary union through the creation of a single currency for all member states C) creation of a totally free trade zone among the three member states D) establishment of common prices for all goods exported from member states
Peyton has adjusted gross income of $2,000,000 on his 2018 tax return, filed April 17, 2019, the due date. He accidentally failed to include $200,000 that he received for a television advertisement. How long does the IRS have to audit Peyton's federal tax return?
A. until April 17, 2021 B. until April 17, 2025 C. until April 17, 2022 D. The IRS can audit Peyton's return at any future date.